to Retire in Just 4 Years With a 6-Figure Passive Income After Starting $60,000 in Debt Without a Good Job
Eric… you saved me from continuing into a bad real estate transaction, at the same time you refocused my efforts on exactly the niche that is perfect for me.
I now know exactly what I need to do to create more passive income and leverage through my real estate investing. Thanks a million!
Founder and CEO of Active Blogs
We’ve always had the dream of reaching financial independence but often found ourselves frustrated at the speed of our investing growth. We felt like we were capable of more but for some reason were not able to make it happen. Everything changed for us after we heard Eric speak at a real estate event.
In addition to the mindset shift Eric has sparked for us, he continuously delivers unique and effective tactical knowledge for real estate investing that has allowed us to see exponentially more investing opportunities. It’s been 3 months since we met Eric and we can honestly say that he changed our lives.
Joe & Ceclia Boswell
I really appreciate what Eric does because of the quality of discussion he facilitates and the material presented. I always leave feeling encouraged and inspired to continue on my own journey in business. Eric also presents himself in a way that is authentic and transparent, very rare and refreshing!
Investor & Property Manager
Thank you for the wonderful strategy session which I thought was extremely helpful in getting our REI company off the ground.
You seem to have a way of explaining information to us newbies that makes sense as this tends to be a somewhat complex learning curve. We are excited to dive into your new videos and learn a lot more.
Whether we’re discussing real estate or the latest SEO techniques, I’m always impressed with Eric’s analytical insights into the functional elements of a topic. Every time I walk away from a conversation with Eric, I have some new strategy to implement in my own business ventures.
Founder of Money Nomad & A Richer You
Eric has been instrumental in my growth as a real estate investor. His knowledge is unparalleled and time-sensitive communication have marked Eric as one of the most up-to-date sophisticated real estate investors I have ever met.
Do Perfect Homes
Hi, I'm Eric
I started investing in 2009 with the purchase of my first triplex and was able to achieve financial independence a few years later at the age of 30. I now have over 480 units as well as a diversified portfolio of other assets, web assets, and more.
I started IdealREI a few years ago because I want to help people just like you escape the corporate rat race. My goal is to eliminate confusion in this complicated field, help you create a game plan, and then scale up until you have replaced your JOB with passive income.
You may have seen me Forbes, Trulia, WiseBread, TheStreet, other financial publications, as well as various podcasts or other websites.
Real estate is the asset class with the most benefits, highest returns, and lowest overall risk. There are 5 primary ways real estate is better than other asset classes such as stocks or bonds.
While stocks have dividends and bonds give a yield, only real estate gives a recurring revenue that is disproportionately high as compared to the asset value and risk level.
Real Estate is universally known as a tax shelter. A lot of that is because of depreciation which is a paper loss you get to take even if the property is appreciating. There are a lot of other tax benefits as well.
Each month you are earning money as the tenants pay down your mortgage for you. This is additional profit.
Even though you are claiming losses with the IRS because of depreciation, your asset is most likely appreciating. So you'll be capturing all of the upside while deferring taxes.
You can leverage investments in other areas, but usually it is very risky and for a very high interest rate. Real estate has the most developed and stable lending markets in the world.
Real Estate Investing